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Waldemar Siwinski - President of Perspektywy Education Foundation, Vice President of IREG Observatory on Academic Ranking and Excellence. Address: Nowogrodzka 31, 00-511 Warsaw, Poland. E-mail: [email protected] The global ranking system is in a state of violent transformation. We can already see the emerging contours of a new ranking system with the four distinguished elements: regional systems, customer-centered systems, multi-league systems, discipline-based systems. To reflect regional characteristics, including language, culture, global ranking systems should become regional ranking systems. To satisfy readers" different expectations towards rankings, ranker-centered systems should become customer-centered ystems. To reflect different institutional missions; size, locations, current unified ranking systems, they should become multiple ranking systems. Institutional ranking systems should become discipline-based ranking systems in order to reflect disciplinary differences. One of the most significant directions of changes in rankings is a search for a way to include in the international rankings other missions than research; especially important here are such aspects as excellence in teaching and the so called third mission or the university"s social mission.